Homes

Powered by

What $500,000 buys

In late December 2013, the Canadian Real Estate Association predicted that the national average price for a home will be $391,000 this year. But it's hard to compare how far your buck will go in Canadian cities using that figure, since the average prices at year's end are so very different: $785,574 in Vancouver and $320,693 in Montreal, for instance. So we've found a round figure in the middle and asked, what could approximately $500,000 have bought homebuyers in various markets across the country in January?